Feb 24, 2013 10:00pm PST
will be watching. >>> pope benedict xvi hiding in plain site, and deadline approaching on capitol hill, how does budding heads over spending cuts could effect all of us. >> sunshine on a sunday but there is a storm system approaching the west coast. will we see rain here from the storm system? clear night tonight over the beautiful bay bridge, low temperatures tonight and when we hit 70 again. that is coming up. ,,,, ,,,, his last sunday blessing at vatican. but while the pope may be ste . >>> president obama delivered his last sunday bless -- pope benedict xvi delivered his last sunday blessing. from have itcon city with detail -- vatican city with details. >> reporter: he assured the 100,000 people in st. peters square he wasn't abandoning the church. he said he would continue to suv but in a way more suitable to my age and strength. pope benedict xvi goes into what he call as new life for prayer and meditation. >> in the name -- >> reporter: they claimed he encaged in inappropriate contact with him years ago. the scandals didn't worry her. >> it is in god's hands. >> reporter: he sympathized.
Feb 24, 2013 1:00pm PST
as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
Feb 24, 2013 4:00pm PST
an outpouring of love and admiration for the retiring pontiff. pope benedict xvi, sunday's final blessing as leader of 1.2 billion catholics, and worshippers packing st. peter's square as they prepare for the transition. in the next minute, the pontiff's word to the world. and a bombshell admission from the family of blade runner oscar pistorius, he's up on murder charges and now a family member facing charges for the death of a different woman. fox reports, the new developments on the legal firestorm surrounding the olympic star. and this bartender fired for trying to do what she says was the right thing. >> and simply had a very drunk person leaving the bar, he's going to kill someone. but she lost her job anyway. why? >> i'm harris falkner, first tonight on the fox report, the great american race. the daytona 500 is in the record books. the day began with a series of firsts for nascar racing and ended with a familiar name-- >> for the second time the daytona 500 goes to jimmie johnson, five-time champion. >> harris: jimmie johnson and danica patrick was third entering the final lap, bu
Feb 26, 2013 7:00am EST
to turn to the headlines coming in right now on the pope. we just learned that benedict will be called emeritus pope and will wear white after he steps down next week. his retirement this week is being clouded by scandal, as there are more calls to stop an american cardinal from participating in the election of the next pope. abc's david wright is in rome right now with the very latest. good morning, david. >> reporter: good morning, elizabeth. the process to replace pope benedict is now on the fast track. we've also just learned that the deacon of the college of cardinals will summon the cardinals on friday to their first meeting, which will take place on monday, march 4th. never before has the cardinal given the conclave amidst a scandal. and that raises the pressure for the other cardinals tainted by scandal, among them, roger mahoney, who for years, covered up for pedophile priests. for 24 hours, britain's cardinal keith o'brien has holed up in this home in scotland. >> the holy father accepted the resignation of cardinal o'brien. >> reporter: on sunday, a british newspaper reporte
Feb 25, 2013 7:00am PST
of benedict's papacy, while scandal and intrigue engulf some of the men who will choose the next pope. even in his final days as pope, scandal continues to dog benedict's papacy and the church. italian newspapers headline rumors of blackmail and conspiracy that the vatican vehemently denies. american cardinal roger mahony has ignored calls to stay home from a conclthat chooses the next pope because of his role protecting abusive priests. scottish cardinal keith o'brien, who commented on mahony's situation last week. >> someone has erred and we have anoth another. >> reporter: today cardinal o'brien resigned after being accused by three priests and former priest of inappropriate behavior going back to the 1980s. ugly headlines that one vatican watcher says will shape the deliberations of the conclave. >> some of this is politics, but other parts of it are the long delayed, reckoning with problems that require facing and correcting in the church. >> reporter: the scandals have left many of the faithful weary. >> i'm a true believer and i hope that catholics will get a better name these days.
Feb 25, 2013 3:00am PST
on the way to see pope benedict the 16th. sunday he gave his final blessing to a massive crowd. he'll make a final appearance wednesday and officially step down thursday. then the cardinal will decide when to pick the next pope. >> i don't think it will be seen as a very good thing if the pope who is supposed to be reminding them of their responsibilities to build peace. >>gretchen: the vatican plans to have the new pope in place by holy week. hamid karzai kicking troops out of a crucial region. he ordered special forces to leave the province outside kabul in two weeks over abuse claims. afghan security officials claim afghan troops are harassing, torturing and killing innocent people in villages. karzai demands the u.s. hands over individuals involved. the u.s. is investigating the claims. >> jimmy johnson does it again at daytona. >> the daytona 500 goes to jimmy johnson, five-time champion. >>gretchen: johnson starting the season with his second win at daytona, the tenth driver to do that. danica patrick, the first woman to win, finished eighth. saturday's crash still on everyone's mind
Feb 25, 2013 7:00am PST
: the vatican is on the defense this morning. it denies claim from italian media that pope benedict decided to resign after getting a report from cardinals in december outlining corruption and homosexuality in the vatican. >> the pope's resignation takes effect on thursday. at a vatican news conference, we deseed that he started to move up the process of -- dear decided to move up the -- decided to move up the process of electing a new pope. the vatican today denied claims the pope is resigning under these claims. >> i don't worry they are being taken in by it. >> three cardinals authored the pope. the pope read this report in december and considered releasing it to other cardinals but instead the word is from the vatican he's putting it back in the papal abeat its waking the next pope's review. keith o'brien from scotland is being forced into early resignation. all of this is happening as california's 11 million catholics observe lent. live in washington, kyla campbell, ktvu channel 2 news. >>> peninsula state assemblyman jerry hill is calling for an audit of the state public utilities com